Guides and updates on trucker taxes, Form 2290 HVUT, IFTA filings, business expenses, and financial tips for owner-operators.
Why this matters to trucking businesses Family-run carriers and owner-operators often hold substantial assets—tractors, trailers, terminals, shop equipment and real estate—inside closely held businesses. While the federal estate tax exemption increased to $15 million per person for 2026, Maryland still…
What changed—and why trucking businesses should care Many trucking companies are organized as LLCs taxed as partnerships. That structure can be great for flexibility, but it also means your ability to deduct losses, receive cash distributions, and avoid surprise tax…
Why a UK tax ruling matters to trucking A recent UK tribunal decision siding with HM Revenue & Customs (HMRC) in an inheritance tax dispute is a timely reminder for owner-operators and fleet managers with any UK footprint—whether that’s a…
What changed—and why it matters to trucking Washington has approved a technical fix to its Paid Family and Medical Leave (PFML) program that changes how the total premium is divided between the family-leave and medical-leave “shares,” without increasing the overall…
Why this matters to fleets and owner-operators right now Tax-season content on Instagram is surging, and the IRS has leaned into short videos, carousels, and infographics to push reminders, explain credits, and warn about scams. For truckers—many of whom file…
What’s new — and why it matters for trucking A new AI tax assistant marketed to small business owners is entering the market with a simple promise: faster, clearer answers that point back to the Internal Revenue Code and IRS…
Why truckers are prime targets right now With filing season in full swing, criminals are dialing, texting and emailing owner-operators and fleet offices posing as the IRS. The agency’s 2026 Dirty Dozen list flags IRS impersonation via email, text and…
Why IRS posts are showing up in your Instagram scroll Tax season is no longer confined to letters and PDFs. The IRS now uses Instagram to push short, visual updates about deadlines, identity‑theft alerts, and program changes—designed to meet taxpayers…
Why MCAs Squeeze Trucking Cash Flow When freight softens or a major repair hits, many small fleets and owner‑operators turn to merchant cash advances (MCAs) for fast working capital. Unlike a traditional loan, an MCA typically takes a fixed, daily…
What happened and why it matters now A former Internal Revenue Service employee, Kathleen Mannion, 59, of Lawrence, Massachusetts, was sentenced on March 4, 2026, to 18 months in federal prison and three years of supervised release after pleading guilty…